Oil Price Moderation
Biofuels offer the prospect of real market competition and oil price moderation. According to the Wall Street Journal, crude oil would be trading 15 per cent higher and gasoline would be as much as 25 per cent more expensive, if it were not for biofuels. A healthy supply of alternative energy sources will help to combat gasoline price spikes.
Read more about this topic: Sustainable Biofuel
Famous quotes containing the words oil, price and/or moderation:
“Oh Gull of my childhood,
cry over my window over and over, take me back,
oh harbors of oil and cunners, teach me to laugh
and cry again that way that was the good bargain
of youth....”
—Anne Sexton (1928–1974)
“The price of telling your troubles is having to listen to advice.”
—Mason Cooley (b. 1927)
“The moderation of men in the most exalted fortunes is a desire to be thought above those things that have raised them so high.”
—François, Duc De La Rochefoucauld (1613–1680)